Latest Exploration Upside News

Dreadnought Resources has unveiled assay results confirming a new northern extension at Metzke’s Find within the Illaara Gold Project, with drilling revealing significant gold intercepts over a 150m strike. The company targets a Resource update in July 2026 alongside further drilling and studies to advance the project towards development.

Lode Resources has discovered a new silver-zinc replacement mineralisation system adjacent to its existing Montezuma silver-antimony resource in Tasmania, opening a fresh exploration front with potential to significantly expand its 8.2Moz AgEq resource base.

Avira Resources has kicked off a 4,500-metre reverse circulation drilling program at its Mt Cattlin Gold Project in Western Australia, aiming to expand known high-grade zones and test new prospects ahead of a maiden resource estimate.

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

Legacy Minerals has locked in a farm-in deal with Aurelia Metals for its Cobar Project, allowing Aurelia to earn up to 90% by funding exploration. This partnership leverages Aurelia's established Cobar Basin operations while Legacy focuses on its flagship Mt Carrington project.

Carnaby Resources has uncovered a significant new shallow mineralised shoot, the Miniboom Lode, at its Mount Hope Central site within the Greater Duchess Project, delivering a standout 232m at 1.3% copper equivalent from surface.

Zenith Minerals’ latest 10-hole RC drilling campaign at its Consolidated Dulcie Gold Project validates mineralisation continuity and extends gold lodes beyond previous resource limits, setting the stage for a more ambitious follow-up drilling program.

Forrestania Resources has updated its MacPhersons deposit resource to 73,800 ounces, pushing its global JORC-compliant gold resource past the one million ounce mark. This milestone underscores the company’s growing footprint in Western Australia’s Eastern Goldfields.

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

Orange Minerals NL has agreed to sell its 51% interest in the Calarie Project tenements to Adavale Resources, receiving shares and options in return. This move supports Orange Minerals' focus on its core gold projects in Ghana and Western Australia.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.